Word: thought
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Dates: during 1970-1979
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Many people thought it was just as well Jody did not go into the service. Says his mother: "I realize now that military life would have sent him up the wall. He's always been such a cluttered person. He constantly topped the list of those paying for lost library books." Powell learned to joke about his academy expulsion. "After getting kicked out for cheating," he says, "politics seemed like the next best thing...
While working on a doctorate on populism at Emory University in 1969, Powell wrote to Carter suggesting that Jimmy was the right candidate to bridge the gap between urban and rural Georgians. "He was wrong," recalls Jordan, who thought that Carter's hopes lay mostly in rural areas, "but it was a good letter anyway." On the strength of it, Powell was invited to attend a meeting of student volunteers at Miss Lillian's pond house near Plains. "Jody stood out right away," says Jordan. "He was the only old man among all those kids." Then 26, Powell...
...Marshall Plan worked faster than anyone had thought possible. By 1951, Western Europe's industrial production had soared to 40% above prewar levels, and its farm output was bigger than ever. Western Europe's current status as a vigorous economic competitor of the U.S. testifies to the plan's effectiveness...
...increase the money supply even though no new money may actually be pumped into the system. At the depth of the recession in the spring of 1975, Burns resisted pressures to increase the money supply and relied instead on a much greater increase in velocity than anyone else thought possible. This year Burns is counting on a further increase in velocity to compensate for a slowdown in money supply growth...
...surprised if it took more than a year or two." The production of human insulin will probably take much longer. Yet meanwhile, the experiments themselves should help scientists clarify the complex chemistry of insulin and better understand diabetes-which is not a single disease, as was once thought by doctors, but a variety of metabolic disorders that may afflict as many as 10 million people in the U.S. alone...